Stock Market Today 13 July, 2023: Nifty Jumps Above 19,450, Sensex Up 250 Pts

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Stock Market Today: Today’s movement of the Indian stock market seems to be moving at a good pace. The market is rising and Nifty opened very close to 19500 on the back of good buying by investors from the domestic market.

How was the start of the market?

Talking about the opening of the stock market today, BSE’s 30-share index Sensex opened with an increase of 73.17 points or 0.42 percent at the level of 65,667. On the other hand, NSE’s Nifty opened up 110.90 points or 0.57 per cent at 19,495.20.

Sensex and Nifty share position

25 out of 30 Sensex stocks are trading bullishly. Among these only 5 stocks are on decline. Apart from this, if we look at the 50 stocks of Nifty, 42 stocks are doing business with bullishness and weakness is seen in 8 stocks.

Which sectoral index is rising?

Today, except for consumer durables, all other sectoral indices are trading with gains. Most of the metal shares have climbed and are trading with a gain of 0.89 percent. At the same time, auto shares are witnessing an increase of 0.71 percent. Financial Services is doing business with a strength of 0.63 percent. At the same time, IT, media, pharma, healthcare index, PSU Bank, Bank Nifty and oil and gas stocks are strong.

The stocks which are seeing a boom

Among the gainers on the Sensex were Tata Steel up 1.92 percent and M&M up 1.32 percent. TCS is also up 1.31 percent. Apart from this JSW Steel, SBI, Infosys, Tech Mahindra, L&T, Axis Bank, Kotak Mahindra Bank, HDFC Bank, Reliance Industries, Bajaj Finance, UltraTech Cement, Bajaj Finserv, Tata Motors, IndusInd Bank, ITC, ICICI Bank, Wipro NTPC and Titan shares are trading higher.

Learn about falling stocks

If you look at the declining stocks, Power Grid is trading at 1.35 per cent, HCL Tech at 1.12 per cent, Nestlé at 0.31 per cent and Asian Paints at 0.32 per cent, while apart from Bharti Airtel, HUL, Sun Pharma and Maruti are down.

The rate of inflation in the United States fell

During the month of June, the inflation rate in America has decreased. Inflation rate fell to 3% in June. In which the lowest increase has been seen in the last 2 years. On a monthly basis, it rose 0.2%, which was lower than market estimates. In fact, the inflation rate was estimated by the market at 3.1%. Inflation was 4% in May. Core inflation was lower than expected. Core inflation was 4.8% in June.

Asian market moves

Meanwhile, Asian markets are witnessing mixed business today. GIFT NIFTY showed a decline of 7.00 points. At the same time, the Nikkei is seen around 32,357.04 with an increase of about 1.28 percent. At the same time, it represents an increase of 1.51 percent in straight times. The Taiwan market is trading up 1.47 percent at 17,210.93. While the Hang Seng is seen at the level of 19,301.47 with an increase of 2.33 percent. At the same time, the Kospi is trading with an increase of 0.88 percent. At the same time, the Shanghai Composite showed an increase of 0.75 percent to the level of 3,220.03.

Statistics of FII and DII

On July 12, foreign institutional investors in the Indian markets poured Rs. 1242.44 crores were sold. Local institutional investors on the day made Rs. 436.71 crore was purchased.

Shares falling under F&O restriction on NSE

Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, Punjab National Bank and Zee Entertainment Enterprises are the 6 stocks under F&O ban on NSE on 13th July. Let us tell you that if the position in the securities exceeds their market wide position limit, the stocks included in the F&O segment are placed in the restricted category.

How was the market on 12th July?

The market remained very volatile on July 12 and ended trading down 0.30 percent. Traders were cautious ahead of the country’s retail inflation figures that came out yesterday evening. India’s retail inflation rose to 4.81 percent in June from 4.25 percent in May. At the same time, core inflation rose to 5.1 percent from 5 percent. BSE Sensex closed down 224 points at 65394 yesterday. While Nifty 50 index was seen going above 19500 intraday. But she failed to maintain the lead. It finally closed down 55 points at 19384.